In human resources, continuous performance management takes place throughout the year. It’s an ongoing holistic process that feels natural not only for the employees but the managers too. The procedure enhances a healthy workplace relationship. Betterworks helps employees to align and develop their workforce for the growth of a business. Through the easy-to-use software, the company helps organizations to replace outdated yearly review processes with the powerful performance management systems that assist management in improving their conversations, coaching, as well as development. Betterworks focuses on inspiring and motivating the workforce to meet its objectives and prepare for tomorrow’s challenges.
Recently, Betterworks announced that it had secured a contract worth $27 million that extends to the firm’s Series B investment. The rounds were spearheaded by Emergence Capital as well as Kleiner Perkins. Other investors joined the event too. The funds will be channeled to the administration department to enhance product innovation while capitalizing on the accelerated sales momentum.
Betterworks has loyal customers who rely on their system to manage programs powered by Betterworks. The programs also fuel critical business results while helping to maintain innovation in the past years. Betterworks has assisted its clients in registering a 100 percent increase in its key activities such as goal creation and performance conversations. As such, customers at Betterworks have seen corresponding improvements in their businesses.
Over the years, Betterworks has launched Program Insights that give HR teams a powerful and intuitive visualization that offers actionable insights into the performance management programs. It also has extended product localization to include over 20 global languages.